Rasputin asked:
Florida.Title search says, quote:”Jane Smith and Donald Jones” co-trustees of the so and so trust dated 1/2/1996 and {my name } as their interest may appear “unquote. The reason for this is at one time these two,my sister and brother, were at one time the co- successor trustees, of the family irrevocable trust.They squandered all the money on fees and expenses.The grantor became angry and illegally signed over one of the properties to me [another son] The two co-successer trustees resigned after they spent all the money and sold all the other assets.They did not realize when the judge set aside the sale of this particular property, they were the still the owners,but not me,though my name is on the deed recorded at the courthouse.So,after seven years went by,my name was added to the title search as listed above, through adverse possession with title[Attornies use another term also,I don’t know what it is. .My question is : are they considered a single entity that would make their ownership together 50% and mine 50% or is it thirdsees all the way. {Excluding property improvements at my expense ?
Sydney Kemple
Florida.Title search says, quote:”Jane Smith and Donald Jones” co-trustees of the so and so trust dated 1/2/1996 and {my name } as their interest may appear “unquote. The reason for this is at one time these two,my sister and brother, were at one time the co- successor trustees, of the family irrevocable trust.They squandered all the money on fees and expenses.The grantor became angry and illegally signed over one of the properties to me [another son] The two co-successer trustees resigned after they spent all the money and sold all the other assets.They did not realize when the judge set aside the sale of this particular property, they were the still the owners,but not me,though my name is on the deed recorded at the courthouse.So,after seven years went by,my name was added to the title search as listed above, through adverse possession with title[Attornies use another term also,I don’t know what it is. .My question is : are they considered a single entity that would make their ownership together 50% and mine 50% or is it thirdsees all the way. {Excluding property improvements at my expense ?
Sydney Kemple
You need to talk to a Florida attorney who specializes in trusts and property rights.
Under the theory of adverse possession, you may acquire COMPLETE legal title against those named on the deed who failed to assert their legal rights against you within the prescribed statute of limitations. Your local attorney can help you figure out what, if any, steps you may take to further record and “clear” your title to the property.